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Effective lower bound risk
Hills, Timothy S.; Nakata, Taisuke; Schmidt, Sebastian - 2019 - This draft: September 2019
Even when the policy rate is currently not constrained by its effective lower bound (ELB), the possibility that the policy rate will become constrained in the future lowers today's inflation by creating tail risk in future inflation and thus reducing expected inflation. In an empirically rich...
Persistent link: https://www.econbiz.de/10012182403
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Monetary policy and financial stability
Cairó, Isabel; Sim, Jae W. - 2020
Persistent link: https://www.econbiz.de/10012389845
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Are real assets owners less averse to inflation? : evidence from consumer sentiments and inflation expectations
Li, Geng; Sinha, Nitish Ranjan - 2023
Persistent link: https://www.econbiz.de/10014377681
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Inflation targeting under imperfect knowledge
Orphanides, Athanasios; Williams, John C. - 2006
Persistent link: https://www.econbiz.de/10003331636
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Optimal monetary policy with state-dependent pricing
Nakov, Anton; Thomas, Carlos - 2011
Persistent link: https://www.econbiz.de/10009406464
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Trend inflation in advanced economies
Garnier, Christine; Mertens, Elmar; Nelson, Edward - 2013
Persistent link: https://www.econbiz.de/10010431702
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Monetary policy in a forward-looking input-output economy
Strum, Brad E. - 2008
Persistent link: https://www.econbiz.de/10003830161
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Inflation expectations and monetary policy design : evidence from the laboratory
Pfajfar, Damjan; Žakelj, Blaž - 2015
Persistent link: https://www.econbiz.de/10011408957
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An inflation goal with multiple reference measures
Whitesell, William C. - 2005
Persistent link: https://www.econbiz.de/10003234531